GCMAsia - GOLD

GOLD_
2018-03-09
| Resistance and Support | Level | Explanation |
| Resistance | 1326.80 | H1 |
| Support | 1316.20 | H1 |

GOLD_, H1: Gold price was traded lower after breaking support by 200-MA line. MACD histogram that portrays increasing bearish momentum would suggest the safe-haven asset price to extend its losses towards the support level at 1316.20.
Resistance level: 1326.80, 1335.20
Support level: 1316.20, 1309.60